XPO, Inc. (NYSE:XPO) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Shares of XPO have a consensus rating of "Moderate Buy" from 24 analysts (1 sell, 6 hold, 16 buy, 1 strong buy), with an average 1‑year price target of $190.86.
• XPO beat the latest quarter's estimates—EPS $0.88 vs. $0.76 and revenue $2.01B vs. $1.95B—and shares trade around $223.46 (near a 52‑week high of $231.46) with a market cap of $26.24B and roughly 97.73% institutional ownership.

Shares of XPO, Inc. (NYSE:XPO - Get Free Report) have earned an average rating of "Moderate Buy" from the twenty-four research firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $190.8571.

Several analysts recently weighed in on the company. Weiss Ratings restated a "hold (c)" rating on shares of XPO in a research report on Wednesday, January 21st. Truist Financial increased their target price on shares of XPO from $160.00 to $200.00 and gave the stock a "buy" rating in a report on Friday, February 6th. Stifel Nicolaus raised their price target on shares of XPO from $206.00 to $232.00 and gave the company a "buy" rating in a research note on Thursday, April 16th. The Goldman Sachs Group restated a "buy" rating and issued a $180.00 price target on shares of XPO in a research note on Thursday, February 5th. Finally, Wall Street Zen upgraded shares of XPO from a "hold" rating to a "buy" rating in a research note on Saturday, February 7th.

XPO Stock Performance

XPO opened at $223.46 on Friday. The firm has a market cap of $26.24 billion, a P/E ratio of 84.32, a price-to-earnings-growth ratio of 2.95 and a beta of 1.94. XPO has a 52-week low of $93.82 and a 52-week high of $231.46. The company has a debt-to-equity ratio of 1.75, a quick ratio of 1.05 and a current ratio of 1.05. The business's fifty day moving average is $202.55 and its 200-day moving average is $164.91.

XPO (NYSE:XPO - Get Free Report) last released its earnings results on Thursday, February 5th. The transportation company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.12. XPO had a return on equity of 25.07% and a net margin of 3.87%.The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period in the prior year, the firm posted $0.89 EPS. XPO's quarterly revenue was up 4.7% on a year-over-year basis. Sell-side analysts expect that XPO will post 4.49 EPS for the current fiscal year.

Institutional Investors Weigh In On XPO

A number of hedge funds have recently made changes to their positions in XPO. Smartleaf Asset Management LLC boosted its holdings in XPO by 13.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 494 shares of the transportation company's stock worth $68,000 after buying an additional 60 shares during the period. UMB Bank n.a. boosted its holdings in XPO by 4.4% in the 4th quarter. UMB Bank n.a. now owns 1,483 shares of the transportation company's stock worth $202,000 after buying an additional 63 shares during the period. Root Financial Partners LLC boosted its holdings in XPO by 21.1% in the 1st quarter. Root Financial Partners LLC now owns 362 shares of the transportation company's stock worth $70,000 after buying an additional 63 shares during the period. Blair William & Co. IL boosted its holdings in XPO by 1.4% in the 4th quarter. Blair William & Co. IL now owns 4,927 shares of the transportation company's stock worth $670,000 after buying an additional 70 shares during the period. Finally, Allworth Financial LP boosted its holdings in XPO by 10.1% in the 4th quarter. Allworth Financial LP now owns 810 shares of the transportation company's stock worth $110,000 after buying an additional 74 shares during the period. 97.73% of the stock is currently owned by institutional investors and hedge funds.

About XPO

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company's operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.

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